Best Enterprise Resource Planning Systems - Coursework Example

?ERP SOLUTION ERP Solution Affiliation Table of Contents World Top Ten ERP Systems 3 Selection of Best ERP System 4 Sap ERP Capabilities 5 SAP Business Suites 6 SAP Customer Relationship Management 7 SAP Enterprise Resource Planning 7 SAP Supply Chain Management 8 SAP Supplier Relationship Management 8 Conclusion 8 References 9 Introduction ERP (enterprise resource planning) is a broad term which refers to a set of tasks/operations that helps organizations deal with the important functions of their business. In other words, ERP attempts to put together all functions and departments across an organization onto a single computer system. In addition, an organization can use ERP software applications to handle product planning, parts purchasing, inventories, communicating with suppliers, tracking orders and providing customer service. Additionally, the ERP can also include other applications for the finance and human resources areas of an organization. Normally, a relational database system is used or integrated with an ERP system. Moreover, the implementation of an ERP system can engage substantial business process analysis, workers retraining, and new work processes (Brislen & Krishnakumar, 2000; Creative Chaos (Pvt.) Ltd., 2012). This research is aimed at selecting a most excellent ERP solution for the business corporation. In this scenario, an ERP system will be chosen from world top ten ERP solutions. World Top Ten ERP Systems Given below is a list of world 10 best ERP systems: (Shaul, 2011) SAP Oracle Microsoft Infor IFS Abas Epicor Syspro Plex Sage Selection of Best ERP System I have conducted a detailed research to determine the best ERP option. For the selection of an ERP I considered their capabilities and business facilities. In this scenario, I found SAP ERP as the world leading and most excellent solution for the business and corporate operational management (Daneva, 1999). In past few years, SAP R/3 technology based system has turned out to be one of the best options for many business organizations that have boarded on business procedure optimization. The majority of them have made the selection of SAP R/3 enterprise resource planning package for the reason that SAP has attained the instant profits which resulted from the full software reprocess. Since its establishment in 1972, SAP has developed as well as productively upheld the communications of procedures, people and tools for clients to reuse. In addition, SAP has always carried out the systematic and logical software reprocess strategy. However, it initially prepared the reuse practice as an integral part of the R/3 Configure-to-Order cycle and started reusing effectively and efficiently. Therefore, in 1992, due to the rising influence of venture modeling architectures, methodologies for integrated IT, and business engineering tools, SAP R/3 requirements recycle turned out to be the major stream. In addition, to attain these elevated altitudes of reuse; SAP has designed and implemented the R/3 Reference Model, which is a wide-ranging ERP architectural justification of the FU3 System contained 4 visions: (Daneva, 1999) Business process view Function view Data view Organizational view Sap ERP Capabilities The ERP SAP system provides the facilities of centralized data storage and communication. This system provides an excellent support for data handling, planning and management. Hence, the ERP SAP implementation at an organization brings numerous benefits such as better administration and planning of organizational business. SAP services provide the organizations with trouble-free technical capabilities for dispersed systems with functionality that wraps every main feature of advanced operation, process, and permanent development (SAP1, 2012; SAP2, 2012; SAP3, 2012; SAP4, 2012; SAP5, 2012). In addition, SAP ERP technology offers a centralized data storage that is responsible for managing and organizing the management operations, ERP SAP services tools and components to augment the dependability of organizational solutions as well as minimizing the expenses of rights and registration. Additionally, with ERP SAP Solution Manager, any business can be able to make sure their ERP based SAP business management environment is acting at its utmost level. Moreover, the toolset offered by SAP is able to manage the entire organizational information technology setting. In fact, it supports ERP SAP and non SAP structures, provides benefit of the wrapping at hand with impending ERP SAP decree in adding up to, as a user of ERP SAP. Furthermore, this technology allows the organizations to have full access to their ERP SAP Solutions through better corporate system management (SAP1, 2012; SAP2, 2012; SAP3, 2012; SAP4, 2012; SAP5, 2012). The implementation of SAP Solution is aimed at targeting both the business and technical features of any business. Additionally, it is useful for resolving business issues by focusing effectively on organization’s daily working procedures. In addition, it builds a close relationship between company procedures and the fundamental information technology communication. Hence, it simplifies the communication process between a business IT sector and appearance of company. Moreover, it guarantees that we will gain the utmost return from our IT reserves (SAP1, 2012; SAP2, 2012; SAP3, 2012; SAP4, 2012; SAP5, 2012). SAP Business Suites This section presents a detailed analysis of 4 major SAP Business Suites and their implementation for any business services and operational management to deal with the requirements of current and future business operations: (SAP, 2012; SAP6, 2012) SAP Customer Relationship Management With ERP SAP suit that we have chosen for the business, we can establish better customer relationship management and improve organizational performance. This SAP Suit works in a different way from the other CRM systems, the SAP CRM Software is a component of the SAP enterprise management suite, not simply assists us to tackle our temporary or fundamental tasks to diminish expenditure and augment our organizational decision building capability, however it is as helps a corporation attain power with the intention of competing successfully over the extended period of time (SAP6, 2012; SAP7, 2012; SAP8, 2012). SAP Enterprise Resource Planning The next main SAP solution is SAP ERP that is one of the well-known working and business suites. This business suite is aimed at improving corporate strategic position and efficiency of economic, human resources with operational procedures. With improved business enterprise efficiency through SAP enterprise resource planning application, we have the authority to deal with rapidly changing company, marketplace and business requirements: (SAP6, 2012; SAP1, 2012) SAP ERP Financials SAP ERP Operations SAP ERP Human Capital Management SAP ERP Corporate Services SAP Supply Chain Management This SAP Suit will provide better facility and efficiency for the management of organizational operations and services. These technology based solutions have the potential to diminish expenses at the same time as augmenting modernism and civilizing client service and responsiveness regarding organizational management. The SAP suit for the Supply Chain Management will allow an organization to manage, schedule, and implement the whole supply system. In addition, it authorizes an organization to adjust our supply chain procedures according to always changing competitive environment (SAP6, 2012; SAP5, 2012). SAP Supplier Relationship Management At the present, companies are looking for to augment bottom-line expenditure savings through better technology solutions and software applications. In this scenario, the SAP SRM application makes simpler and speeds up procure-to-pay procedures for possessions and services. In addition, with SAP suppler relationship management an organization can decrease procurement expenses, construct mutual supplier relationships, improve administer supply bases, and develop bottom line with modern contributions and have a quick access to marketplace (SAP6, 2012; SAP4, 2012). Conclusion ERP (enterprise resource planning) is a broad term which refers to a set of tasks/operations that helps organizations deal with the important functions of their business. In other words, ERP attempts to put together all functions and departments across an organization onto a single computer system. In addition, an organization can use ERP software applications to handle product planning, parts purchasing, inventories, communicating with suppliers, tracking orders and providing customer service. In this paper we had to choose an ERP solution from different choices. For this purpose, we selected ERP SAP as one of the best systems. This paper has analyzed the overall performance of SAP system. This paper has discussed its advantages, potential support and capabilities attained through this technology based system. References Brislen, P., & Krishnakumar, K. R. (2000, August). ERP (enterprise resource planning). Retrieved February 15, 2012, from TechTarget.com: http://searchsap.techtarget.com/definition/ERP Creative Chaos (Pvt.) Ltd. (2012). What is ERP? Retrieved February 15, 2012, from http://csquareonline.com/main/assets/pdf/erp-wp.pdf Daneva, M. (1999). Measuring reuse of SAP requirements: a model-based approach. SSR '99 Proceedings of the 1999 symposium on Software reusability (pp. 141-150). New York: ACM. SAP. (2012). SAP. Retrieved February 17, 2012, from http://www.sap.com/pakistan/index.epx SAP1. (2012). Enterprise Resource Planning – ERP. Retrieved February 16, 2012, from http://www.sap.com/uk/solutions/business-process/enterprise-resource-planning.epx SAP2. (2012). SAP Solutions Spotlights. Retrieved February 15, 2012, from http://www.sap.com/uk/solutions/index.epx SAP3. (2012). Human Capital Management – HCM. Retrieved February 16, 2012, from http://www.sap.com/uk/solutions/business-process/human-capital-management.epx SAP4. (2012). Supplier Relationship Management – SRM. Retrieved February 17, 2012, from http://www.sap.com/uk/solutions/business-process/supplier-relationship-management.epx SAP5. (2012). Supply Chain Management – SCM. Retrieved February 17, 2012, from http://www.sap.com/uk/solutions/business-process/supply-chain-management.epx SAP6. (2012). SAP Business Suites. Retrieved February 18, 2012, from http://www.sap.com/solutions/business-suite/index.epx SAP7. (2012). SAP and Customer Relationship Management (CRM). Retrieved February 18, 2012, from http://www.sdn.sap.com/irj/bpx/crm SAP8. (2012). CRM Software. Retrieved February 19, 2012, from http://www.sap.com/solutions/business-suite/crm/index.epx Shaul, C. (2011, May 30). Top 10 ERP Solutions explained. Retrieved February 16, 2012, from http://erpselectionhelp.com/top-10-erp-solutions/ Read More